Group 1 - The core point of the article is that 信保环球控股 (Reliance Global Capital) has seen a significant stock increase of over 15% following the announcement of a joint venture to develop forestry robotics [1] - The company announced a joint venture agreement with AZIO, Hong Kong Innovation, and Zhaolian to establish a company focused on forestry robotics [1] - The total capital commitment for the joint venture is set at HKD 150 million, with 信保环球控股 contributing HKD 60 million and holding a 40% stake in the new company [1] Group 2 - The board believes that the establishment of the joint venture will allow the company to seize opportunities in the emerging field of forestry robotics [1] - The move is seen as a strategic enhancement to the company's timber supply chain business, leveraging technological advancements in the forestry sector [1]

Group 1 - The core point of the article is that Xinbao Global Holdings (00723) has seen a significant stock increase of over 15%, currently at 0.29 HKD, with a trading volume of 5.55 million HKD [1] - Xinbao Global Holdings announced a joint venture agreement with Reliance Global Capital, AZIO, and Hong Kong Innovation to establish a company focused on forestry robotics [1] - The total capital commitment for the joint venture is set at 150 million HKD, with Xinbao Global Holdings contributing 60 million HKD and holding a 40% stake in the new company [1] Group 2 - The board believes that the establishment of the joint venture will allow the company to seize opportunities in the emerging forestry robotics sector [1] - The move is expected to complement the company's timber supply chain business, highlighting the growing importance of robotics in the forestry industry due to technological advancements [1]

Group 1 - The company announced a joint venture agreement to establish a company focused on forestry robotics, involving Reliance Global Capital, AZIO, Hong Kong Innovation, and Zhaolian [1] - The total capital commitment for the joint venture is HKD 150 million, with contributions of HKD 60 million from Reliance Global Capital, HKD 60 million from AZIO, HKD 13.5 million from Hong Kong Innovation, and HKD 16.5 million from Zhaolian [1] - The ownership structure of the joint venture will be 40% for Reliance Global Capital, 40% for AZIO, 9% for Hong Kong Innovation, and 11% for Zhaolian, and it will not be a subsidiary of the company [1] Group 2 - The board believes that the joint venture will allow the company to seize opportunities in the emerging forestry robotics sector and enhance its timber supply chain business [2] - The terms of the joint venture agreement are considered fair and reasonable, conducted on normal commercial terms, and in the overall interest of the company and its shareholders [2]

集团的木材供应链营运涵盖了所有增值活动，包括种植及采伐权管理、采购、木材采伐及伐木、品质检 查、运输至木材加工、库存管理、清关、销售及营销以及售后服务。随着技术进步，机器人在森林行业 中扮演日益重要的角色。例如，无人机常被用于数据采集、监测树木库存、追踪森林再生及监测野火。 另一方面，无人地面车辆(例如自动伐木机)的研发将在未来森林行业中发挥重要作用。凭藉AZIO在资 讯科技及人工智能方面的专业知识，结合集团在森林行业的经验，合资公司将主要从事林业机器人相关 业务的发展及运营。 董事会认为，成立合资公司将使本集团能够把握新兴林业机器人领域的机会，并补充集团的木材供应链 业务。 格隆汇9月16日丨信保环球控股(00723.HK)公告，于2025年9月16日，Reliance Global Capital与AZIO、香 港创新奇及兆联订立合资协议，据此，订约各方同意成立合资公司，以发展及运营林业机器人相关业 务。 ...

Core Viewpoint - The establishment of a joint venture by Reliance Global Capital and its partners aims to capitalize on emerging opportunities in the forestry robotics sector, enhancing the company's timber supply chain business [1][2]. Group 1: Joint Venture Details - Reliance Global Capital, along with AZIO, Hong Kong Innovation, and Zhaolian, has entered into a joint venture agreement to develop and operate forestry robotics-related businesses [1]. - The total capital commitment for the joint venture is HKD 150 million, with contributions of HKD 60 million from Reliance Global Capital, HKD 60 million from AZIO, HKD 13.5 million from Hong Kong Innovation, and HKD 16.5 million from Zhaolian [1]. - The ownership structure of the joint venture will see Reliance Global Capital and AZIO each holding 40% equity, while Hong Kong Innovation and Zhaolian will hold 9% and 11% equity, respectively [1]. Group 2: Industry Insights - Technological advancements are making robots increasingly important in the forestry industry, with drones being utilized for data collection, tree inventory monitoring, forest regeneration tracking, and wildfire monitoring [1]. - The development of unmanned ground vehicles, such as automated logging machines, is expected to play a significant role in the future of the forestry industry [1]. - The joint venture will leverage AZIO's expertise in information technology and artificial intelligence, combined with Reliance Global Capital's experience in the forestry sector [1].